NOT LISTED FOR SALE

1603 Flagler Ave Unit A&B Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $923,218 - $1,253,000

2 Beds
2 Baths
1,080 Sq Ft
$996/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $740,000 $685 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,449 / mo

5 Days on Market

Highlights

  • Deck
  • Balcony
  • Bar
  • No HOA
  • Some Wood Windows
  • Tile Flooring

About This Home

As of July 2021

Adorable Legal Duplex with with a large 5,141 SF lot. Two separate, recently updated 1BD/1BA units. Units are a mirror image with a couple of small differences. Great investment or opportunity to live in one and subsidize most of your mortgage with the second unit. Each unit has their own private back and side patio areas and possibly even room for small pool on one side. The second yard has a large outdoor kitchen area with with a cook top bar. Both units have desirable off-street parking. Great location, only a couple blocks from Old Town and close to beaches. This is not a drive by, schedule a showing today.

Last Agent to Sell the Property

Derek Epperly, PA

Keys Atlantic Realty License #3313232 Listed on: 05/25/2021

Last Buyer's Agent

Caroline Bauer

Ocean Sotheby's International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,423

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,141 Sq Ft Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Bar
  • Some Wood Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00042410-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Nuevo Progresso Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,423

Year Built

Built in 1953 | Remodeled

Lot Details

5,141 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4422.63
  • Title: Negotiable
  • Vehicle Storage: Carport, Assigned Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1953
  • Alternate Key Number: 1043052
  • Cooling Heating: Wall/Window Unit(s), Ductless
  • Lot Sq Ft: 5141.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • License Info Number Of City License: YES
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1080.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Gas Appliances, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Bar
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00042410-000000
  • Land Size: More than 1 Lot
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2025
Sold by
Bought by
Current Estimated Value
$1,075,805

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Derek Epperly, PA
Keys Atlantic Realty
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$629,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mid Town, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$740,000 Attorney
$261,000 None Available
$244,000 Rels Title
-- Attorney
$50,000 None Available
-- None Available
-- None Available
$195,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $629,000
Previous Owner $266,250
Previous Owner $183,000
Previous Owner $150,000
Previous Owner $590,000
Previous Owner $120,000
Previous Owner $140,000
Previous Owner $100,000
Previous Owner $325,000
Previous Owner $10,000
Previous Owner $77,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $740,000 -1.2% $685 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $749,000 -- $694 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,565 $792,623
2024 $6,305 $722,189
2023 $6,305 $683,690 $0 $0
2022 $6,033 $663,777 $452,778 $210,999
2021 $4,624 $430,384 $299,083 $131,301
2020 $4,423 $409,830 $282,467 $127,363
2019 $4,369 $400,777 $271,445 $129,332
2018 $4,524 $411,059 $281,727 $129,332
2017 $4,590 $410,972 $0 $0
2016 $4,909 $421,400 $0 $0
2015 $3,615 $356,701 $0 $0
2014 $3,055 $213,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 596233

Key West Association of REALTORS®

APN: 00042410-000000

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